Pune, India -- (SBWIRE) -- 03/20/2018 -- Dynamics of Global Connected Healthcare Market:

Drivers

Rising incidence of chronic diseases, growing communication network, growing adoption and affordability of mobile devices of devices such as mobiles, increasing awareness, rapid development of wireless technology integration, and others. Patient convenience and economy of expansion once a platform is in place are attractive propositions of the market. The demonstrated ability of direct-to-consumer advertising in raising healthcare demand, ubiquity of the Internet, are other demands propelling the market. Concerns over the rising cost of healthcare, impetus provided by governments of different countries and a drive towards patient centric healthcare are other factors driving the market.

Restraints

The restraints of the market are poor coverage of network in the underdeveloped regions, nascent technology in underdeveloped economies, limited reimbursement for connected healthcare, lack of technological awareness, concerns over data security and privacy, digital divide and others.

Get Exclusive Sample Report @ https://www.marketresearchfuture.com/sample_request/1892 .

Business Scenario of Global Connected Healthcare Market:

Connected health, or technology enabled care (TEC) refers to the utilization of technology such as mobile devices, cellular networks and others to connect patients with clinicians. Connected healthcare aims to provide patient centric flexible healthcare, self-management of diseases, and to deliver patient care outside of the hospitals and others. The global market for connected healthcare is anticipated to generate USD 105.33 billion, delivering a smashing CAGR growth of 30.2% by the end of the forecasted period.

Connected Healthcare Market Segments:

Type - M-health devices, M-health services and E-prescription. M-health services segment is expected to hold the largest market share of the connected healthcare market on the basis of type.

Application - healthcare management, diagnosis & treatment, monitoring applications, education and awareness, wellness & prevention and others.

Regional Analysis of Global Connected Healthcare Market:

North America is the largest market for connected healthcare and is expected to generate USD 37.38 billion at a CAGR growth of 28.75 % by the end of the forecasted period 2022. The U.S. dominated the North America market for connected healthcare riding on the wave of baby boomers. Approximately 44 million Americans are 65 or older and spend close to USD 500 billion per year.

Europe is the second-largest market for connected healthcare which is anticipated to deliver a CAGR growth of 30.48 %. Europe is expected to be led by France, Germany and the U.K.

Asia pacific region is expected to be fastest growing region and is estimated to generate USD 24.07 billion by 2022. Japan is the leader in the Asia Pacific region followed by China, South Korea and

India. Numerous studies have projected a whopping 54%median of internet users in 2015 as against 45% in 2013, with the largest growth in large emerging economies such as Malaysia, Brazil and China.

The Middle East and Africa region is expected to be dominated by the gulf economies of Saudi Arabia, UAE and others. The African region is expected to generate moderate growth due to constraints of economy and network coverage. Three African countries of Tanzania (11%), Uganda (4%) and Ethiopia (4%) rank as the least smartphone ownership.

Prominent Players for Global Connected Healthcare Market:

Some of the prominent players in this market are Allscripts (US), Agamatrix, Inc. (US), Qualcomm (US), Medtronics (Ireland), Airstrip Technology (US), AliveCor Inc. (Australia), GE healthcare (UK), Boston Scientific Corporation (US), Cerner (US), Athenahealth Inc. (US), Koninklijke Philips N.V. (Netherlands), and others.

Ask Questions to Expertise @ https://www.marketresearchfuture.com/enquiry/1892 .

About Market Research Future:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.